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Your life's work.

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In order to manage a home officially many
a housewife keeps track of the family's

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money. By keeping a household budget book.

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She writes down the amount of money earned

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and the amount spent for
shelter food clothing.

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The family car and so forth.
At the end of the month.

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He adds all the expenses together

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and subtract them from the family
income by means of this simple form of

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bookkeeping the household knows
exactly how it stands financially

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and can plan it spending and saving.

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Fundamentally the same plan is followed
by all business organizations large

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and small but of course keeping their
books is much more complicated

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and requires trained
bookkeepers and accountants.

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Bookkeepers job is to
keep records of all time.

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Second

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and to prepare financial statements which are
a summary of the records of the accounting

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obvious to analyze the bookkeepers
financial statements and interpret them so

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that the company will know its
true financial condition.

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The results of its operations and
be able to plan accordingly.

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Although an accountant must
know bookkeeping from A to Z.

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Is true work begins where
the bookkeepers AMS.

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In a small business where one person does
all the bookkeeping duties include a

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variety of work in addition
to keeping records.

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The bookkeeper checks all orders
and bills for possible errors.

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He counts the cash receipts.

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He makes off deposit slips for all the
money paid into the company and sees

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that it is put into the bank against
these funds. He prepares to X.

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Way to okayed by the proper authority
by use for paying the company bills

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and salaries in some firms he is responsible
for granting credit to customers.

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So he must find out what
each one's credit rating is

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and keep the information on hand at the
end of the month bails are sent to all

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customers

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and after balancing the books the book
keeper prepares a financial statement.

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So his company will have a clear
picture of its condition at that time

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and the results of its operations for the
period the bookkeeper in a small business

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may have other duties

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but the ones mentioned are a fair sample
of a one man job a large business has an

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accounting department where the bookkeeping
is divided among many employees under

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department heads.

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One man will handle accounts payable
on other accounts receivable

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and so on down the line each one of
these men is responsible for seeing

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that the specialized work of his
department is done efficiently

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and accurately most of it is
accomplished with the aid of calculating

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and bookkeeping machines.

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All of the employees including the
department heads are supervised by a T.V.

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Accountant sometimes called an auditor

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or controller he coordinates
all phases of the bookkeeping

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and prepares an interpreter statements
and reports needed by the company.

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Such men are called private accountants
because they work only for one organization

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Public Accountants do similar work

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but for many different companies for instance
it is standard practice for Certified

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Public Accountants commonly called C.

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To be called in to audit a private conference
records the accounting firm assigns a

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senior accountant with one
or more junior assistance.

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Depending on the size of the job the senior
has outlined in the vans the portions

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of the audit he wages each assistant to
perform a suitable place where the books

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may be examined is provided the senior
supervisor of the work make sure

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that all facts are collected correctly

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but I thought a good deal of this
field work is routine and nature

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and takes considerable time he may have
his assistant start while he goes on to

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other duties.

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However he must keep in touch with the
assistance to handle any problems which may

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arise.

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Usually honest and have neither
the necessary experience

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nor authority to discuss important aspects
of the audit with the client is tense a

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promotion depends a great deal on how
well he fits into the team work which is

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essential in making an audit
Public Accountants work requires

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that he be acquainted with
many types of business.

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He may be working on the
books of a large corporation

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and those of a bookkeeper in a small
business at the same time because his job

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takes him from place to place where
he meets all kinds of people.

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He must have a pleasing
personality to be successful.

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He must also keep all confidential information
to himself never devolving it in any

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manner to others

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but strong moral character is absolutely
essential auditing books is just one type

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of service offered by an accountant public

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or private another type of devising new

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or improved bookkeeping systems companies
often outgrow their old record farms.

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So they have an account and study
the problem devise a new system

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and supervise its operation until the
company employees can carry on alone.

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Another type of service is
cost accounting for manuf I.

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Time and Motion studies are made

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and new techniques work out which will
lower the cost of production accountants

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doing this work must be thoroughly
familiar with the manufacturing processes

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involved. They must be able to devise
record systems which will give complete

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and accurate information concerning the
cost of even the smallest item in the

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product.

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It is not easy to determine the cost of
making a certain product is nicely of the

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factories also turning
out many other articles.

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Yet if the business is to
be conducted efficiently

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and profitably the company must have such
information this highly specialized field

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sometimes called for an engineering
background in fact cost accounting

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and sometimes operate under the
name of a patient the engineers.

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Perhaps the most colorful
accounting work is

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that of making special investigations the
Federal Bureau of Investigation has on

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its staff a large number of
operatives trained as accountants.

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Their job is to aid and tracking down

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and incriminating dishonest people
by examining their bank accounts

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and other records. Not all of my full
investigations are criminal in nature.

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However as often such accountants are
called into a arrive at the facts

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when records are incomplete

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or lost investigations are also
undertaken in connection with the

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sale of a business that is

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when the prospect of buyer wants to find
out it's through financial condition.

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There are many other reasons for conducting
special investigations all of which

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call for research

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and services requiring up top notch accountant
many a cow then specialize in aiding

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individuals and businesses

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and the preparation of tax returns
the demands of federal state

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and local governments for greater revenues
the complexity of the requirements

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and constantly changing laws have made it
difficult for people to determine their.

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Correct.

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Tax liability because it is well equipped
to meet this problem because of his

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understanding of what constitutes income

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and expense to be offset against such
income to determine profit a good deal of

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the Public Accountants time is spent in
his own offices where he prepares reports

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on it he

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and his assistants made for various
clients making a report calls for a broad

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knowledge of business principles

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and lots of good judgment because the client
depends on it as an accurate analysis

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of the state of his business.

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Bookkeeping

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and the various fields in accounting offer
excellent opportunities with a good

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income or young men and women who
are really suited to the work.

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Perhaps the first question you should
ask yourself is Do I really enjoy doing

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figures if you have a distaste for
mathematics. It is not the work for you.

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To be a bookkeeper.

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Besides being good at figures you
should have a legible handwriting

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and an average command of English.

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You should take a book keeping course
in high school or commercial college

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and learn how to record business
plans actions in their proper form.

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You should be able to operate
the various adding calculating

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and bookkeeping machines which are found
in the offices of all up with a business

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organizations. To be an accountant.

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You must know bookkeeping thoroughly

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and have taken a specialized
accounting course.

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You must be able to analyze a
business by examining its records

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and keep such material
confidential open mindedness

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and a willingness to
undergo intensive study

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and hard work are necessary if you expect
to pass the state examinations Board

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Certified Public Accountants.

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If you have the aptitude and personal
qualities or either bookkeeping

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or accounting it would be well for you
to investigate the possibilities now.

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Each of us is suited to
less certain type of work.

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Perhaps your future is in bookkeeping

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and accounting.